Following the signing into law Student Loan Bill by the Bola Tinubu-led administration, an aide to the President, Dele Alake has said anyone convicted of any drug-related offense or fraud would not be allowed to access the loan.

Recall that during his campaign, President Tinubu expressed his commitment to advancing education and nurturing the potential of the youth. Speaking at the British Royal Institute in London, he emphasized the importance of young people as the nation’s most valuable asset.

Alake was quoted to have made the submission Monday in company of other close aides of the president, including Tunde Rahman, Abdulaziz Abdulaziz as well as the Permanent Secretary, Ministry of Education, David Adejoh.

“A student can be disqualified from accessing loan if:

“1. He is proven to have defaulted in respect of any previous loan granted by any organisation.

“2. He has been found guilty of exam malpractice by any school authority.

“3. He’s convicted of felony or any office involving dishonesty or fraud.

“4. He has been convicted of drug offenses
“5. Any of his parents has defaulted in respect of student’s loan or any loan granted to him or her,” Alake was quoted as saying.